Dimensional Fund Advisors Portfolio holdings
Dimensional Fund Advisors (DFA), founded in 1981 by David Booth and Rex Sinquefield and headquartered in Austin, Texas, is an investment management firm renowned for its evidence-based, low-cost approach to investing, grounded in academic research from Nobel laureates like Eugene Fama and Kenneth French. Managing hundreds of billions in assets, DFA focuses on systematic, passive strategies that tilt toward factors like small-cap, value, and profitability stocks, primarily through mutual funds and institutional portfolios rather than retail brokerage services. The firm’s philosophy eschews market timing and stock picking, instead emphasizing diversification and efficient market exposure, often requiring investors to access its funds through approved financial advisors. With a global presence and a reputation for disciplined, data-driven investing, DFA has carved a unique niche in the industry, blending academic rigor with practical application.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class B
BRK.B
|
+$680M |
| 2 |
AT&T
T
|
+$398M |
| 3 |
Bank of America
BAC
|
+$266M |
| 4 |
Pfizer
PFE
|
+$254M |
| 5 |
EFOR
Everforth Inc
EFOR
|
+$168M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TWX
Time Warner Inc
TWX
|
+$823M |
| 2 |
Qualcomm
QCOM
|
+$263M |
| 3 |
Cisco
CSCO
|
+$233M |
| 4 |
JPMorgan Chase
JPM
|
+$147M |
| 5 |
MON
Monsanto Co
MON
|
+$115M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.59% |
| 2 | Industrials | 12.95% |
| 3 | Technology | 12.72% |
| 4 | Consumer Discretionary | 10.67% |
| 5 | Healthcare | 9.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
NAV
1401
DELISTED
Navistar International
NAV
| $51M | 0.02% |
1,252,905
+95,482
| +8% | +$3.65M |
|
|
BMS
1402
DELISTED
Bemis
BMS
| $51M | 0.02% |
1,207,392
-104,619
| -8% | -$4.51M |
|
|
MSGN
1403
DELISTED
MSG Networks Inc.
MSGN
| $51M | 0.02% |
2,127,773
+2,725
| +0.1% | +$57.7K |
|
|
SNBR
1404
DELISTED
Sleep Number
SNBR
| $50.9M | 0.02% |
1,755,404
-14,148
| -0.8% | -$431K |
|
|
XOG
1405
DELISTED
Extraction Oil & Gas, Inc. Common Stock
XOG
| $50.9M | 0.02% |
3,463,439
+1,738,601
| +101% | +$25.1M |
|
1406
Badger Meter
BMI
$3.89B
| $50.8M | 0.02% |
1,137,106
+15,765
| +1% | +$698K |
|
1407
Red Robin
RRGB
$145M
| $50.8M | 0.02% |
1,089,168
-1,321
| -0.1% | -$74.9K |
|
1408
Installed Building Products
IBP
$6.01B
| $50.7M | 0.02% |
896,713
+13,470
| +2% | +$798K |
|
1409
Stratasys
SSYS
$679M
| $50.6M | 0.02% |
2,644,548
+352,211
| +15% | +$6.96M |
|
1410
Public Service Enterprise Group
PEG
$38.2B
| $50.6M | 0.02% |
934,536
+8,614
| +0.9% | +$443K |
|
|
TRST
1411
Trustco Bank Corp NY
TRST
$970M
| $50.5M | 0.02% |
1,134,621
+24,688
| +2% | +$1.08M |
|
|
OSG
1412
Octave Specialty Group
OSG
$243M
| $50.4M | 0.02% |
2,541,204
-25,842
| -1% | -$477K |
|
|
GPT
1413
DELISTED
Gramercy Property Trust
GPT
| $50.4M | 0.02% |
1,845,830
-509,759
| -22% | -$13.1M |
|
1414
Morningstar
MORN
$7.22B
| $50.3M | 0.02% |
392,280
-2,378
| -0.6% | -$272K |
|
1415
Strategic Education
STRA
$1.85B
| $50.3M | 0.02% |
445,038
+127
| +0% | +$13.6K |
|
1416
Orthofix Medical
OFIX
$477M
| $50.3M | 0.02% |
884,685
+7,436
| +0.8% | +$423K |
|
1417
EastGroup Properties
EGP
$11.2B
| $50.2M | 0.02% |
525,394
+4,656
| +0.9% | +$419K |
|
|
STBZ
1418
DELISTED
State Bank Financial Corporation. Common Stock
STBZ
| $50.2M | 0.02% |
1,503,083
+101,969
| +7% | +$3.35M |
|
1419
Bio-Rad Laboratories Class A
BIO
$8.71B
| $50.2M | 0.02% |
173,985
-2,077
| -1% | -$573K |
|
|
LOGM
1420
DELISTED
LogMein, Inc.
LOGM
| $50.2M | 0.02% |
486,212
+53,046
| +12% | +$5.93M |
|
|
SRCL
1421
DELISTED
Stericycle Inc
SRCL
| $50.2M | 0.02% |
768,550
+51,686
| +7% | +$3.22M |
|
1422
Kforce
KFRC
$1.02B
| $50.1M | 0.02% |
1,461,301
+4,460
| +0.3% | +$141K |
|
1423
Neogen
NEOG
$2.63B
| $50.1M | 0.02% |
1,249,764
-130,202
| -9% | -$4.8M |
|
1424
Arthur J. Gallagher & Co
AJG
$64.1B
| $50.1M | 0.02% |
766,977
+901
| +0.1% | +$61K |
|
1425
Jazz Pharmaceuticals
JAZZ
$15.9B
| $50.1M | 0.02% |
290,551
-1,299
| -0.4% | -$212K |
|
Similar funds
Dimensional Fund Advisors's Q2 2018 Portfolio in Review
As of Q2 2018, Dimensional Fund Advisors held 3,442 positions worth $251B, up 4.5% from $240B the previous quarter. Its ten largest holdings account for 9.5% of the portfolio.
Trading was light in Q2 2018: portfolio turnover was 5%. Dimensional Fund Advisors opened 95 new positions and exited 76, leaving the 3,442-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 20% of assets, down from 20% a quarter earlier, followed by Industrials and Technology.
- Dimensional Fund Advisors's largest Q2 2018 buy was nVent Electric: 2,369,790 shares worth $59.5M.
- Dimensional Fund Advisors added most to Berkshire Hathaway Class B in Q2 2018, an estimated $680M increase.
- Dimensional Fund Advisors's biggest Q2 2018 reduction was Qualcomm, cutting an estimated $263M.
- Dimensional Fund Advisors fully exited Time Warner Inc in Q2 2018, selling an estimated $823M.
- Dimensional Fund Advisors's ten largest holdings make up 9.5% of its $251B portfolio in Q2 2018.
- Dimensional Fund Advisors opened 95 new positions and closed 76 in Q2 2018.
- Dimensional Fund Advisors's portfolio value rose 4.5% quarter-over-quarter to $251B.
Based on Dimensional Fund Advisors's 13F filing for Q2 2018, filed 10 Aug 2018.